Iran may believe it has the upper hand as Trump seeks talks

A woman holds a poster depicting Iran’s new Supreme Leader Mojtaba Khamenei during an anti-U.S
and anti-Israeli rally in Tehran on Thursday
| West Asia News Agency / via REUTERS
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Iran's decision to rebuff a 15-point peace proposal from U.S
President Donald Trump and outline its own conditions for a ceasefire reflects growing confidence in its negotiating position after nearly four weeks of war, analysts say.Despite U.S.-Israeli airstrikes that have killed its top leaders and inflicted huge material damage, Iran's governing system remains in place and it retains the ability to fire missiles and drones at its neighbors and Israel.Above all, it has demonstrated its ability to choke off the Strait of Hormuz shipping route, spiking oil and gas prices and underlining how it has a sizeable part of the world economy at its mercy.

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